In the first quarter of 2015 the U.S. had a trade deficit. In the first quarter of 2016 exports fell and imports rose. According to these numbers what happened to net exports?
It decreased.
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Differences between people's wealth is generally greater than differences between their incomes
Indicate whether the statement is true or false
Adding depreciation to net national product yields
a. disposable income (DI). b. personal income (PI). c. net national product (NNP). d. gross domestic product (GDP).
A computer services center has a problem with "malicious" computer usage. The center's director has decided to hire additional personnel to monitor computer usage. In order to minimize the total cost of the malicious usage, the director should hire the number of monitors at which
A. the marginal benefit per dollar is equal across monitors. B. the decrease in the cost of malicious usage from the last monitor hired equals the cost of hiring the last monitor. C. the marginal revenue from the last monitor equals the marginal cost of the last monitor. D. both b and c E. all of the above
Involuntary part-time workers are:
A. short-term unemployed workers. B. chronically unemployed. C. considered out of the labor force. D. not counted as unemployed.